Bulgaria has moved from 50th to 49th position in the Global Competitiveness Report of the World Economic Forum. This country is ahead of a number of countries that joined the European Union in 2004, as well as Romania. However, the population of Bulgaria declines by 100,000 every year. Moreover, Bulgaria has dropped a position in comparison to last year’s report when it comes to institutions. The report finds them cumbersome and deeply corrupt. The Bulgarian judicial system is also seen as highly dependent and inefficient, and it receives the lowest rating.
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This is clear from his response in an interview with BTA, in which Radev announced that the Central..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the train conductor of the private Bulgarian company, who is a Romanian citizen, died in the accident...
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister and Minister of Transport Grozdan Karadjov, CEO of the airport operator “SOF Connect” Jesus..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current..
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is..
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